Yalla : Second Quarter 2023 Earnings Presentation

2nd Quarter 2023 Earnings Presentation

August 2023

Disclaimer

The information in this presentation is provided to you by Yalla Group Limited (the "Company") solely for informational purposes and is not an offer to buy or sell, or a solicitation of an offer to buy or sell, any security or instrument of the Company, or to participate in any investment activity or trading strategy, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever, in the United States or anywhere else. The information included herein was obtained from various sources, including certain third parties, and has not been independently verified.

No securities of the Company may be offered or sold in the United States without registration with the United States Securities and Exchange Commission (the "SEC") or an exemption from such registration. Any public offer of the Company's securities to be made in the United States will be made solely pursuant to an effective registration statement and the statutory prospectus included in the registration statement prepared by the Company that would contain material information not contained herein and to which any prospective purchasers are referred. In the event of any such offering, this presentation shall be deemed superseded, amended and supplemented in its entirety by such prospectus. Such prospectus will contain all material information in respect of the Company and any securities offered thereby and any decision to invest in such securities should be made solely in reliance on such prospectus. The prospectus will be available at the website of the SEC and may be obtained from the potential underwriters participating in such offer or the Company upon such publication. This presentation does not contain all relevant information relating to the Company or its securities, particularly with respect to the risks and special considerations involved with an investment in the securities of the Company, and these materials are qualified in their entirety by reference to the detailed information to appear in the statutory prospectus. This presentation does not constitute a "prospectus" within the meaning of the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Company is not making any offer of its securities at this time, and cannot accept orders for any securities at this time.

This presentation does not constitute legal, regulatory, accounting or tax advice to you. We recommend that you seek independent third party legal, regulatory, accounting and tax advice regarding the content of this document. This presentation does not constitute and should not be

considered as any form of financial opinion or recommendation by the Company or any other party.

No representations, warranties or undertakings, express or implied, are made and no reliance should be placed on the accuracy, fairness or completeness of the information, sources or opinions presented or contained in this presentation. By viewing or accessing the information contained in this presentation, you hereby acknowledge and agree that neither the Company or any authorized representatives, nor any of their respective directors, officers, employees, advisers, nor any of their representatives, affiliates, associated persons or agents accepts any responsibility for or makes any representation or warranty, express or implied, with respect to the truth, accuracy, fairness, completeness or reasonableness of the information contained in, and omissions from, these materials and that neither the Company, any authorized representatives or any underwriters, nor any of their respective directors, officers, employees, advisers, nor any of their representatives, affiliates, associated persons or agents accepts any liability whatsoever for any loss howsoever arising from any information presented or contained in these materials. The information presented or contained in this presentation is subject to change without notice and its accuracy is not guaranteed.

This presentation contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers about the future. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statements as a result of various factors and assumptions, many of which are beyond the Company's control. Neither the Company or any authorized representatives, nor any of their respective directors, officers, employees, advisers, nor any of their representatives, affiliates, associated persons or agents has any obligation to, nor do any of them undertake to, revise or update the forward-looking statements contained in this presentation to reflect future events or circumstances.

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Agenda

01	2nd Quarter 2023 Achievements and Growth Strategies
02	Recent Developments
03	2nd Quarter 2023 Financial Performance Overview

04 Q&A

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2nd Quarter 2023

Achievements and

Growth Strategies

Robust 2nd Quarter 2023 Results Further Strengthen Yalla's Position as The Largest MENA-based Online Social Networking and Gaming Company

US$79.2MM

2Q2023 Revenues

US$33.8MM

2Q2023 Non-GAAP

Net Income (1)

Core Competitive Strengths

42.6%

2Q2023 Non-GAAP Net Income (1) Margin

First Mover

Innovative

Business Model

Pure UGC Platform

Localized and

Customized

Expanding

Product Portfolio

In voice-centric mobile social networking and entertainment in MENA

Focusing on users' interaction and social networking experience lead to leading position in MENA

Encourages user engagement and helps build a healthy and cohesive user community

Product features specifically decided to fitting the social networking and entertainment needs of MENA users

Continually diversifying our platform's product offerings to create brand extension and deeper loyalty

Note:

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1. Non-GAAP net income represents net income excluding share-based compensation. Non-GAAP net income is a non-GAAP financial measure.